Gaming

In the third quarter, we produced over 365,000 vehicles and delivered over 343,000 vehicles.

Historically, our delivery volumes have skewed towards the end of each quarter due to regional batch building of cars. As our production volumes continue to grow, it is becoming increasingly challenging to secure vehicle transportation capacity and at a reasonable cost during these peak logistics weeks. In Q3, we began transitioning to a more even regional mix of vehicle builds each week, which led to an increase in cars in transit at the end of the quarter. These cars have been ordered and will be delivered to customers upon arrival at their destination.

Production

Deliveries

Subject to operating lease accounting

Model S/X

19,935

18,672

10%

Model 3/Y

345,988

325,158

3%

Total

365,923

343,830

3%

Tesla will post its financial results for the third quarter of 2022 after market close on Wednesday, October 19, 2022. At that time, Tesla will issue a brief advisory containing a link to the Q3 2022 update, which will be available on Tesla's Investor Relations website. Tesla management will hold a live question and answer webcast that day at 4:30 p.m. Central Time (5:30 p.m. Eastern Time) to discuss the Company's financial and business results and outlook.

What : Date of Tesla Q3 2022 Financial Results and Q&A Webcast
When : Wednesday, October 19, 2022
Time : 4:30 p.m. Central Time / 5:30 p.m. Eastern Time
Q3 2022 Update : https://ir.tesla.com
Webcast : https://ir.tesla.com (live and replay)

Approximately two hours after the Q&A session, an archived version of the webcast will be available on the Company's website.

For additional information, please visit https://ir.tesla.com .

Our net income and cash flow results will be announced along with the rest of our financial performance when we announce Q3 earnings. Tesla vehicle deliveries represent only one measure of the company's financial performance and should not be relied on as an indicator of quarterly financial results, which depend on a variety of factors, including the cost of sales, foreign exchange movements and mix of directly leased vehicles.

Forward-Looking Statements

Statements herein regarding our production and delivery volumes are "forward-looking statements" based on management's current expectations and are subject to risks and uncertainties. Various important factors could cause actual results to differ materially, including the risks identified in our SEC filings. Tesla disclaims any obligation to update this information.

Investor Relations:
ir@tesla.com

News Provided by Business Wire via QuoteMedia

TSLA
Tesla Releases Third Quarter 2022 Financial Results

Tesla Releases Third Quarter 2022 Financial Results

Tesla has released its financial results for the third quarter of 2022 by posting an update on its Investor Relations website. Please visit https://ir.tesla.com to view the update.

As previously announced, Tesla management will host a live question and answer (Q&A) webcast at 4:30 p.m. Central Time (5:30 p.m. Eastern Time) to discuss the results and outlook.

News Provided by Business Wire via QuoteMedia

Keep reading...Show less
When Corporate Governance Gets Sticky

When Corporate Governance Gets Sticky

According to the Chartered Governance Institute, "Good quality, ethical decision-making builds sustainable businesses and enables them to create long-term value more effectively." So it's no surprise that the head of start-up Neuralink (Elon Musk) has caused so many governance experts to try to wrap their brains around the decision he and a coworker made to have children together. Read More >>

News Provided by Channelchek via QuoteMedia

Tesla Announces a Three-for-One Stock Split

Tesla Announces a Three-for-One Stock Split

Tesla, Inc. ("Tesla") announced today that the Board of Directors has approved and declared a three-for-one split of Tesla's common stock in the form of a stock dividend to make stock ownership more accessible to employees and investors. Each stockholder of record on August 17, 2022 will receive a dividend of two additional shares of common stock for each then-held share, to be distributed after close of trading on August 24, 2022. Trading will begin on a stock split-adjusted basis on August 25, 2022.

Forward-Looking Statements

News Provided by Business Wire via QuoteMedia

Keep reading...Show less
Tesla Releases Second Quarter 2022 Financial Results

Tesla Releases Second Quarter 2022 Financial Results

Tesla has released its financial results for the second quarter of 2022 by posting an update on its Investor Relations website. Please visit https://ir.tesla.com to view the update.

As previously announced, Tesla management will host a live question and answer (Q&A) webcast at 4:30 p.m. Central Time (5:30 p.m. Eastern Time) to discuss the results and outlook.

News Provided by Business Wire via QuoteMedia

Keep reading...Show less
Tesla Vehicle Production & Deliveries and Date for Financial Results & Webcast for Second Quarter 2022

Tesla Vehicle Production & Deliveries and Date for Financial Results & Webcast for Second Quarter 2022

In the second quarter, we produced over 258,000 vehicles and delivered over 254,000 vehicles, despite ongoing supply chain challenges and factory shutdowns beyond our control. June 2022 was the highest vehicle production month in Tesla's history.

Production

Tesla will post its financial results for the second quarter of 2022 after market close on Wednesday, July 20, 2022. At that time, Tesla will issue a brief advisory containing a link to the Q2 2022 update, which will be available on Tesla's Investor Relations website. Tesla management will hold a live question and answer webcast that day at 4:30 p.m. Central Time (5:30 p.m. Eastern Time) to discuss the Company's financial and business results and outlook.

What : Date of Tesla Q2 2022 Financial Results and Q&A Webcast
When : Wednesday, July 20, 2022
Time : 4:30 p.m. Central Time / 5:30 p.m. Eastern Time
Q2 2022 Update : https://ir.tesla.com
Webcast : https://ir.tesla.com (live and replay)

Approximately two hours after the Q&A session, an archived version of the webcast will be available on the Company's website.

For additional information, please visit https://ir.tesla.com .

Our net income and cash flow results will be announced along with the rest of our financial performance when we announce Q2 earnings. Tesla vehicle deliveries represent only one measure of the company's financial performance and should not be relied on as an indicator of quarterly financial results, which depend on a variety of factors, including the cost of sales, foreign exchange movements and mix of directly leased vehicles.

Investor Relations Contact:
ir@tesla.com

News Provided by Business Wire via QuoteMedia

Keep reading...Show less

UCOLLEX Partners with FaZe Clan to Bring Digital Art Experience to The Gateway in Miami

The collaboration will be framed around LIMITS powered by UCOLLEX 20-minute Art Battle tournament and FaZe Forever to bring the art, esports, entertainment and Web3 experience together.

UCOLLEX a company backed by Animoca Brands, will partner with FaZe Clan to bring its Japanese competitive art concept to NFT Now and Mana Common's The Gateway in Miami from November 29 - December 3 2022.

News Provided by PR Newswire via QuoteMedia

Keep reading...Show less

Build a school and catch truant students in this new pixel School-sim

- Pathea today announced the release of its new simulation game, Let's School which will be released in 2023, made by a small team led by producer, Lanka.

In this game, the player will return to their alma mater as the new headmaster. Through great efforts and management skills, the player can restore the now worn-out school building to its former glory and beyond, even becoming a school known all around the world for its excellent education and stellar curriculum.

But the process of building the school is bound to be a painstaking one - in addition to realizing your vision, you will also have to contend with a variety of disorderly students - bullies who harass their peers, 'opportunists' who sneak contraband into the school, students who complain about the lack of recreational facilities and drop out, and many more. For the sake of the students and the future of the school, you as the headmaster will have to take decisive measures to rectify these malpractices.

For example, you can pick up a student who has dozed off in class and punish them with a standing order. For the smugglers, you can start checking for and confiscating prohibited items at the school gate. As for students who blatantly skip school, you may have no choice but to send teachers outside the school to track them down. It's not easy managing teenagers!

Of course, for those headmasters who long for some reminder of their own youth, you'll find it in Let's School: the game offers many customization options. Design your uniforms based on your own experiences, or perhaps your favorite high school anime. Decorate and color the rooms to your heart's desire.

The school may be deserted when you first join, but you can change that by designing the uniforms, repairing the classrooms, recruiting teachers, establishing clubs and more until soon enough, your school is teeming with life. As your school grows, you will then start to experience a rich and beautiful story of youth, slowly watching the adolescent lives of your students unfold.

The developers of Pathea are taking a step outside of the My Time series with the release of My Time at Portia on Steam in 2018, which has gone on to sell over 2.7 million copies and receive a 92% positive feedback rate in the years since.

After nine months of independent development, the producer's demo of Let's School attracted a lot of praise and encouragement from its audience. Support and suggestions from the players have also helped to bring Let's School from idea to reality, and the addition of more team members has helped to enrich the content of Let's School greatly as well.

The project is currently in steady development by a small team and is scheduled to be released on Steam in 2023.

Official Twitter: https://twitter.com/LetsSchool2

Discord: https://discord.com/invite/dZAQjFp

IG: https://www.instagram.com/letsschool9/

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/build-a-school-and-catch-truant-students-in-this-new-pixel-school-sim-301691224.html

SOURCE Pathea

News Provided by PR Newswire via QuoteMedia

Keep reading...Show less

NetDragon's Promethean Acquires Explain Everything to Drive Transformational Collaboration and Learning Experiences

- NetDragon Websoft Holdings Limited ("NetDragon" or "the Company", Hong Kong Stock Code: 777), a global leader in building internet communities, is pleased to announce that its subsidiary, Promethean, a leading global education technology company, has acquired substantially all of the assets of Explain Everything, a leading digital whiteboard platform for creating engaging lessons, activities, and interactive presentations. Through the strategic acquisition, Promethean is expected to add to its product portfolio a revenue-generating application tool that addresses one of the most common use cases of its customers. This acquisition will also  support the development of new and better solutions that would address teaching, learning, and collaboration needs, and ultimately enable the scaling of future software subscription revenue stream.

News Provided by PR Newswire via QuoteMedia

Keep reading...Show less

Wemade announced a strategic investment in DRX, a esports company

  • DRX IP to onboard WEMIX and expand its ecosystem
  • Both parties to cooperate for the advancement of eSports culture

Wemade announced a strategic investment in DRX. The companies will join forces in leading eSports fan culture and integrate it with the WEMIX platform for ecosystem expansion.

(PRNewsfoto/Wemade Co., Ltd)

Founded in 2012, DRX is a Korean eSports company whose eSports teams include games such as League of Legend, Warcraft 3, Tekken 7 and more.

DRX's League of Legend team recently won the 2022 LoL World Championship, and Valorant team recorded 103 wins and 4 draws during a year and a half since its debut. With 22 championships under its belt, the team is considered to be the strongest in Asia .

Wemade plans to reach out to 3.7M DRX fans worldwide by onboarding DRX's excellent IP.

"eSports is a perfect fit for blockchain, since it has been evolving futuristically through repeated technical innovations," said Henry Chang , CEO of Wemade. "Through NILE, the DAO & NFT platform of WEMIX, we will complete a digital economy that connects gaming, entertainment, sports, art, and finance."

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/wemade-announced-a-strategic-investment-in-drx-a-esports-company-301692240.html

SOURCE Wemade Co., Ltd

News Provided by PR Newswire via QuoteMedia

Keep reading...Show less

Devs United Games Expands Globally Immersive Outdoor Experiences through AR / VR

Korean startup Devs United Games is expanding globally after its successful launch of Real VR Fishing the highly rated Oculus-delivered outdoor experience game. Real VR Fishing was launched in 2019 and exceeded 110K monthly active users (MAU) as of 2021. Of the users, 96% are outside of Korea - 70% are from North America the rest are from the United Kingdom and Japan . The game was featured recently in the Meta ad " Fishing with Dad ", and has been a hit with a diverse audience.

AR / VR has great potential to allow users and creators to positively impact behavior and engage in community building, but so far this potential is underrealized. Devs United Games is publishing games that manifest the team's values; their games focus on creating resonating experiences, is family oriented, nonviolent, and enjoyable experiences. These experiences allow relaxation, relationship building, and memory creation. Real VR Fishing was launched to emulate the laid-back family-oriented experience of an outdoor excursion.

News Provided by PR Newswire via QuoteMedia

Keep reading...Show less

Bigo Live to livestream The Game Awards 2022 across more than 10 global markets

Bigo Live the leading global livestreaming platform, announced that it is an official streaming partner of The Game Awards 2022, which will kick off on 4:30 pm PST Thursday December 8th and will broadcast live from the Microsoft Theatre in Los Angeles .

Bigo Live to livestream The Game Awards 2022 across more than 10 global markets.

This year sees Bigo Live's first time with the event and includes streaming of the ceremony across North America , Latin America , Japan , South Korea , Australia , the UK, Italy , France , Germany , Spain and Portugal .

In addition to the streaming partnership, Bigo Live will also engage the Bigo community by hosting in-app Community activations such as discussions and voting around the Awards, encouraging the creation of user generated content.

Bigo Live has long enabled streamers to connect with viewers and fans as they stream popular games such as League of Legends, Fortnite, PUBG Mobile, Call of Duty and more. Viewers are able to enjoy an immersive watching experience and highly interactive engagement on Bigo Live when creators are streaming their favorite games.

Mike Ong , Vice President of BIGO Technology , said: "Bigo Live is honored to be partnering with The Games Awards this year and streaming this exciting event to a huge audience across the globe. This partnership is also the latest in Bigo Live's commitment to the gaming community and we wish all the participants the best of luck."

The Game Awards are an annual event to 'recognize and uphold creative and technical excellence in the global video game industry.' The Game Awards recognize and honor all sectors of the gaming industry from the games themselves to gaming content creators – with Game of the Year finalists including Elden Ring and God of War Ragnarok and Content Creators including Fluxo creator Nobru and Streamer Awards creator QTCinderella.

The Game Awards Host and Creator, Geoff Keighley , said: "The Game Awards strives to reach as wide an audience as possible and so we're thrilled to bring Bigo Live into the community. We aim to bring together diverse groups of game developers and players, as well as major names from pop culture, to celebrate gaming as an immersive, challenging and inspiring form of entertainment."

For more information on Bigo Live, please visit bigo.tv and to begin your livestreaming journey, download the Bigo Live app (available on iOS and Android).

About Bigo Live:

Bigo Live is one of the world's fastest-growing social live streaming communities where users broadcast in real-time to share life moments, showcase their talents, and interact with people from around the world. Bigo Live has around 400 million users in over 150 countries and is currently the market leader in the live streaming industry. Launched in March 2016 , Bigo Live is owned by BIGO Technology, which is based in Singapore .

(PRNewsfoto/Bigo Live)

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/bigo-live-to-livestream-the-game-awards-2022-across-more-than-10-global-markets-301689551.html

SOURCE Bigo Live

News Provided by PR Newswire via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×